Real Estate Investing Certificate - Program Information Langara College - Continuing Studies

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Real Estate
 Investing
Certificate
  Program Information

 Langara College – Continuing Studies
        100 West 49th Avenue
      Vancouver, B.C. V5Y 2Z6
      Telephone: 604-323-5322
  Website: www.langara.ca/real-estate
Langara College Real Estate Programs

                 Real Estate Investing Certificate
For course or program advice call John Neuls at 604-323-5409 or email real-estate@langara.ca

                                  Table of Contents

      Program Description                                    page 2
      Required Courses                                       page 2
      Starting the Program                                   page 3
      Completing the Program                                 page 3
      Class Times and Location                               page 4
      Tuition and Books                                      page 4
      Course Descriptions                                    page 4
      Schedule and Registration Information                  page 6
      Course Planner                                         page 7

                               Program Description
This part-time program was developed to provide students in these Continuing
Studies’ courses to work towards a real estate certificate at Langara that will
equip them with the knowledge to become a successful real estate investor.

The courses examine the principles and techniques of real estate valuation,
mathematics, finance, law, and the foundation in real estate entrepreneurship.

                                Required Courses
The program includes six required courses, as follows:
Required Courses (6)
    Real Estate Law                                  PROP 1004 – 39 hours (3.9 CEUs/ILUs)
    Real Estate Appraisal                            PROP 1005 – 39 hours (3.9 CEUs/ILUs)
    Real Estate Finance                              PROP 1023 – 39 hours (3.9 CEUs/ILUs)
    Real Estate Mathematics                          PROP 1024 – 39 hours (3.9 CEUs/ILUs)
    Real Estate Investment Analysis                  PROP 1020 – 39 hours (3.9 CEUs/ILUs)
    Building Design & Construction                   PROP 1073 – 18 hours (1.8 CEUs/ILUs)
Elective Courses (Choose 2)
    Real Estate Development                          PROP 1033 – 15 hours (1.5 CEUs/ILUs)
    Commercial Lease Analysis                        PROP 1061 – 12 hours (1.2 CEUs/ILUs)
    Real Estate Investing courses (all 3 must be taken to equal one elective):
          o Condo Investing                           PROP 1071 – 6 hours (0.6 CEUs/ILUs)
          o Commercial Property Investing PROP 1072 – 6 hours (0.6 CEUs/ILUs)
          o Buying Income Properties                  PROP 1035 – 9 hours (0.9 CEUs/ILUs)

Students may register in any individual course.

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Langara College Real Estate Programs

The core courses examine the principles and techniques of real estate valuation,
mathematics, finance, investment analysis, and law. The elective courses offer
students some latitude to develop their knowledge in different areas of related
expertise, such as real estate development, commercial lease analysis, condo
investing, commercial property investing, and buying income properties.

See page 6 of this brochure to locate current information on course dates and
registration procedures. Course descriptions and fees begin on page 4. Also see
the Course Planner on page 7 for courses offered by semester.

                          Starting the Program
Students may begin the program in any semester by registering in one of the
available program courses. Registration is on a course-by-course basis each
semester. There is no program application/admission procedure.

The entrance requirement for any program course is completion of British
Columbia Grade 12 or equivalent, or 19 years of age or older. Students should
be able to read and write English at the Grade 12 level in order to successfully
complete the assignment and reading requirements in each course. Prerequisites
include the following courses: PROP 1037 Real Estate Math Tutorial; and BSAD
1029 Microsoft Office.

                        Completing the Program
To earn the certificate, students must complete the required core and elective
courses within a five-year period with a minimum grade of C (60%) in each
course. Upon successful completion of all required courses, students may apply
for the certificate at the Continuing Studies office.

A student who takes one course per semester will complete the entire certificate
program in about two and ½ years (8 semesters). A student who is working
fulltime should only take one course per semester. A student who is not working
could take two or more courses per semester and complete the entire certificate
program in less time. See the Course Planner on page 7 for course offerings by
semester.
Note: These courses involve a great deal of homework to complete readings,
assignments and project work. Students should allow about 3 to 5 hours per
course.
                       Class Times and Location
Most courses hold classroom sessions one evening per week over a 10 or 13
week period. Some courses hold classroom sessions on Saturday.
All classes are held at the Langara College campus at 100 West 49th Avenue in
Vancouver. Room numbers are posted on the ‘room screen’ next to the
Continuing Studies office.

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Langara College Real Estate Programs

                                 Tuition and Books
Tuition is paid on a course-by-course basis upon course registration at the start
of each semester. The total tuition for all courses in the certificate program is
$4,714. Tuition is subject to change. Tuition for individual courses is listed at the
end of each course description (see below).

The total cost for textbooks is approximately $865 (plus tax as applicable).
Textbooks are available in the Langara College Bookstore at the start of each
semester. The Bookstore telephone number is 604-323-5525. Bookstore
information is also available on the College website (www.langara.ca ).

                               Course Descriptions
Note on Course Scheduling: Courses normally run one 3-hour classroom session per week on
a weekday evening or a Saturday. For example, a 36-hour course may run over 12 weekly
sessions at 3 hours per session. See page 6 to locate current scheduling information. Also see
the Course Planner on page 7. Tuition is subject to change.

Required Courses (6)
     Real Estate Appraisal                      PROP1005 – 39 hours (3.9 CEU/ILU)
Learn concepts and techniques for appraising real estate value. This course is
designed for persons who want to work in the areas of appraisal and
assessment. Topics include: the appraisal profession, the appraisal process,
property analysis, market and use analysis, valuation methods, value
reconciliation, and report writing. Note on AIC/UBC/RECBC Transfer: This
course meets Appraisal Institute of Canada, Trading Services License transfer
for Real Estate Council of BC, and UBC BUSI 330 requirements. This is a
required course in the Langara College Real Property Analyst Certificate
program. $695

      Real Estate Finance                         PROP 1023 – 39 hours (3.9 CEU/ILU)
Students will apply the principles of real estate financial analysis to a variety of
topics, including: residential and commercial loan underwriting, loan refinancing
and creative real estate financing methods. Strongly recommended that PROP
1024 is completed first. Calculator HP 10Bii+ required. This course meets Real
Estate Council of BC and UBC BUSI 221 requirements. $695

       Real Estate Law                             PROP 1004 – 39 hours (3.9 CEU/ILU)
Learn British Columbia real estate law and professional standards of conduct.
Topics include: judicial system, torts, contracts, agency, interests in land, title
registration, property transactions, mortgages, residential and commercial
tenancies/stratas, land use regulation, and professional responsibility. Note
AIC/UBC/RECBC Transfer: This course meets Appraisal Institute of Canada,
Trading Services License transfer for Real Estate Council of BC, and UBC BUSI
111 requirements. This is a required course in the Langara College Real
Property Analyst Certificate program. $695

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Langara College Real Estate Programs

    Real Estate Mathematics                       PROP 1024 – 39 hours (3.9 CEU/ILU)
This course introduces the techniques of investment and statistical analysis in a
real estate context. Topics include: statistical techniques, cash-flow analysis,
discounting, compounding, and the mathematics of real estate finance and
investment analysis. There is also a brief overview of graphing and surveying.
Note on AIC/UBC/RECBC Transfer: This course meets Appraisal Institute of
Canada, Trading Services License transfer for Real Estate Council of BC, and
UBC BUSI 121 requirements. Calculator HP 10Bii+ required. This is a required
course in the Langara College Real Property Analyst Certificate program. $695
Note: We strongly recommend that all students take the PROP 1037 RE Math
Tutorial prior to taking PROP 1024 to ensure successful completion.

     Real Estate Investment Analysis           PROP 1020 – 39 hours (3.9 CEU/ILU)
This course explains valuation techniques for income-producing real estate,
including the income method of appraisal, tax consequences of real property
ownership, and portfolio analysis methodology. Note on AIC/UBC/RECBC
Transfer: Prerequisite: Real Estate Mathematics and Real Estate Appraisal.
Calculator HP 10Bii+ required. This course meets Appraisal Institute of Canada
and UBC BUSI 331 requirements. $ 695

       Building Design & Construction                   PROP 1073– 18 hours (1.8 CEUs/ILUs)
Course provides a concise overview of construction materials and methods for
commercial and residential buildings, including high-rise towers. Emphasis is
placed on key terminology and the economics of construction projects. Topics
include: planning and design, site preparation, foundations, superstructure,
envelope systems, mechanical systems, and interior finishes. There is also brief
treatment of construction supervision, quality control, sustainability issues, and
post-construction deficiencies. This course meets the requirements as set out by
the Homeowner Protection Act for formal CPD points and by the Architectural
Institute of BC (AIBC) for professional development
(18 hours) $357

Elective Courses (Choose 2)
    Real Estate Development                     PROP 1033 – 15 hours (1.5 CEUs/ILUs)
A practical overview of the real estate development process, from initial idea to
completed project. Topics include: development planning and feasibility; site
selection, acquisition and due diligence; the development review and approval
process; financing, insurance, and construction; project design and marketing or
holding the finished project. Emphasis is placed on feasibility analysis, with
particular attention to projects under $5m. $330

     Commercial Lease Analysis                 PROP 1061 – 12 hours (1.2 CEUs/ILUs)
This concise course examines commercial tenancies and commercial leases in
British Columbia. Emphasis is placed on understanding and interpreting lease
documents related to a variety of property types, including office and retail. The
course is suitable for property managers, building managers, commercial

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Langara College Real Estate Programs

landlords, and those who plan to rent commercial space. This is an elective
course in the Professional Building Manager Certificate. $252

       Real Estate Investing Courses (all three must be taken to equal one elective):
            o Condo Investing                      PROP 1071 – 6 hours (0.6 CEUs/ILUs)
Should you buy a residential condo unit as a rental property investment? What
are the biggest mistakes of condo investing? What are your rights and
responsibilities as an owner and a landlord in a condo complex? What are your
monthly and annual expenses?
How do you estimate your return on investment? Course answers these
questions and more. $138
            o Commercial Property Investing PROP 1072 – 6 hours (0.6 CEUs/ILUs)
Intended for the novice investor, this short course covers the basics of selecting
and operating a commercial property investment. Property types include: retail,
office, medical, industrial, and commercial strata. Topics include: leases and
leasing agents, tenant mix, tenant relations, management, budgets, and
maintaining the property to maximize value and income. $138
            o Buying Income Property               PROP 1035 – 9 hours (0.9 CEUs/ILUs)
Ideal for the novice investor, this course offers practical information on the
selection and management of income-producing real estate. Examples include
multi-unit rental houses and apartment buildings. Students will examine sample
property investments on the basis of estimated net income, market value growth,
deferred maintenance, routine maintenance, tenancy agreements, and tenant
relations. A strong emphasis is placed on personal financial objectives. $186

                Schedule and Registration Information
Langara College offers courses in the fall semester (September-December), the
spring semester (January-April), and the summer semester (May-August). Not all
courses are offered every semester. See the Course Planner on page 7 for
program courses offered each semester.
For current course offerings, course dates, and other information, visit:
www.langara.bc.ca/real-estate

Note: The schedule for an upcoming semester is displayed on the website
approximately 6 weeks before the start of the new semester. For example, the
schedule for the Sep-Dec semester will appear on the website by July 31. The
schedule for the Jan-Apr semester will appear on the website by November 30.
For a current Continuing Studies Catalogue (print version), visit the Continuing
Studies office or call to have a current Catalogue sent by mail.

                       Langara College – Continuing Studies
                              100 West 49th Avenue
                            Vancouver, B.C. V5Y 2Z6
                            Telephone: 604-323-5322
                        Website: www.langara.ca/real-estate

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Langara College Real Estate Programs

                                    Course Planner
The “X” indicates the semester in which a course is offered. While every effort is made to follow
this schedule, the College reserves the right to make adjustments due to unforeseen
circumstances.

Course                                                    Sep-Dec         Jan-Apr       May-Aug

PROP 1087 Building Design & Construction                          X          X             X
PROP 1004 Real Estate Law                                         X          X             X
PROP 1005 Real Estate Appraisal                                   X          X             X
PROP 1023 Real Estate Finance                                     X          X             X
PROP 1024 Real Estate Mathematics                                 X          X             X
PROP 1020 Real Estate Investment Analysis                         X          X             X
PROP 1033 Real Estate Development                                 X          X             X
PROP 1061 Commercial Lease Analysis                               X          X             X
PROP 1071 Condo Investing                                         X          X             X
PROP 1072 Commercial Property Investing                           X          X             X
PROP 1035 Buying Income Properties                                X          X             X

Other courses of interest:

PROP1037 Real Estate Math Tutorial
Course covers financial mathematics topics from the Real Estate Trading
Services Licensing Course. A Hewlett Packard (HP) 10BII financial calculator is
required for the first session for this course. Non-credit (6 hours) $300

PROP1090 Real Estate Tutorial
Need help with your real estate course? Struggling with real estate math,
appraisal, or law? Join us for a customized 3 hour tutorial to help you with your
problem areas. One-on-one or small group instruction. Get the extra help needed
to succeed. Non-credit (3 hours) $385

                                          2019-04-25

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